You know it’s bad when Bloomberg’s editors attack the banks’ win against regulators, in this case, their success in watering down already-too-generous Basel III capital requirements. And they look primed to score a twofer on pending rulemaking on trading in physical commodities.
Read more...Yves here. Wikipedia has become widely accepted as a highly credible source (I use it and even contributed in their recent funding appeal). It’s therefore important to know its limits and how they arise. Unfortunately, it appears, like most information sources, that it is subject to pressure, in this case, as Bob Goodwin contends, the medical-industrial complex.
Read more...What do you flag as the standout events of 2013 and why?
Read more...Reader dSquib flagged a “bizarre” article by Mike Konczal in the New Republic titled, “Corporatism” is the Latest Hysterical Right-Wing Accusation: The secret history of a smear.” dSquib seemed quite perplexed that anyone would deem calling Obama a corporatist, which as we’ll demonstrate is patently true, a smear.
Read more...It may seem a bit de trop to take on a Paul Krugman blog post yet again, but the reason for focusing on his post yesterday on the TransPacific Partnership is less for its substance and more as a political zeitgeist indicator.
Read more...A dubious FX trading software operation closes down in New Zealand and sets up shop in Ireland.
Read more...The New York Times has an instructive account, Inside the Race to Rescue a Health Care Site, and Obama, of the scrambling in the Administration to deal with the beyond-redeption-by-the-power-of-spin disaster of the Healthcare.gov launch.
Read more...CNI (UK)’s confusing attitude to its connections with Carbon Neutral Investments, service provider to carbon scams
Read more...Yves here. I’m pretty sure I’m not alone in hoping for the best from the new journalistic venture funded by eBay billionaire Pierre Omidyar that Glenn Greenwald and Laura Poitras, among others, have joined with much fanfare. But the fact that one wishes them well should not blind observers to the possible large flies in the ointment.
Read more...The “enrollment” numbers for the Healthcare.gov website, even using the Administration’s Orwellian definition of “enrolled” was barely above half of the scary bad number published as a rumor by the Wall Street Journal earlier this week.. Generous application of porcine maquillage followed.
Read more...Carbon credit clearer Gemmax Solutions admits that it can’t clear carbon credits, and hasn’t been able to, for nearly a year.
Read more...Paul Seakens of Gemmax Solutions Limited Takes an Idiotic Pop at “Naked Capitalism” and “redd-monitor”
Read more...Lotus F1 quietly drop AGT from their Official Team Partner list just after Naked Capitalism tells the world that AGT’s a scam.
Read more...A sceptical look at anti-carbon-scam enforcement activities in the UK.
Read more...A last look at the lovely contact list of scammers’ friends, Carbon Neutral Investments Limited
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